Not in a Trade yet because it does looks bearish in LTF but will take risk on this one cause my sixth sense is telling me this is going parabolic very soon.
Not actually Sixth Sense but if you look in HTF Weekly or monthly the chart looks like it have done what should be done in the bottom. Looks like pretty simple Triple Bottom and i have to add one more thing the next HTF resistance which is around 0.5500-0.6000 I don't think it is going to hold over there because when it was moving from double bottom this resistance didn't worked and then it deviated from it and gets back into the range. The price action of this Shitcoin is way way more faster than other coins. You can go to the up move or down move(previous) and watch it closely in LTF. Most of the times the resistance/support level doesn't work anywhere and just get retested for continuation.
I'll long the 2H trend line breakout or will long the in the red area. Targeting 0.5 Targeting 0.9
Note: Not a Financial Advice.
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Not Fomoing anywhere in this. Give me low entry or breakout entry.
FTM m15
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Entered 0.3900.
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Add more margin here. But I'll be quick to cut if it gets back into the trendline and below the area.
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Holding the trade still.. Added some more margin around 0.3850 to settle the entry point.
Why am i holding? H3,H2 and H4 all closes are bullish so i have to wait for the bearish confirmation first.
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Added the final position cutting if breakdown of red area happens.(not expecting it to)
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That's Insane.. That's how Bull market and Alt Season Works. 4 hours of Bear's Work Vanished in just 30 Mints.
This can go wild. Don't fade the pump please 🥺.
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Its 11:45 I've to sleep placing stops in every position i have.
Hoping that it lags around here untill morning.
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FTM H4 Update. I think if it holds here for a while the upside resistance will be no more and will be claimed and a successful retest of the yellow area can activate the parabolic move.
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Update: Nice Hold Over there. Moving as planned. When parabolic?? FTM H4
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FTM Update. I think it is really close to the parabolic move to begin. But if it retrace from here i am going to stop it at 0.4090.
Ftm 30m chart looks like a clean break and retest of the yellow area and soon is going more up.
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Adding to longs (aggressive entry) here in the area(previous trade already in good pnl) it has to pump now or it is going to Deviate. Moving the stop loss to 0.4050(is in profit still)
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I know where to enter 😎. The same H4 Candle.. ☝️
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FTM M45
Closed some portion(40%) at the deviation of the previous high 0.4370. Longed more again here at 0.0.4225.
Stops flat 0.4050
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As the up only started??
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I have to update.
What i expected(parabolic move) is not happened yet. I expect it still but it is taking longer time which is increasing the chance of deviation. FTM team is working good. And if it breaks out for more upside that i believe the parabolic move will happen then.
I am long on this with average entry in 3885 and will likely close the position if i feel a deviation incoming. FTM H4
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Important and urgent Update: A very Intresting Deviation Pattern Caught Be carefull on this one. What am i doing here? Adding longs to my position heavily here in the marked area 0.4170-0.4190 for more upside if it gets rejected. Stopping the trade if that area doesn't hold cauase the deviation pattern is coming.
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added heavily to longs here at 0.4160. Pump here or die.
Risk is managed.
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Closing my longs here.. Small profit is better than ending up in loss. Neckline broken and retested. High chances of down from here but if retraces i have a plan to reenter.
Will look again if it gives me setup.
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Longed again on this one. Entry 0.4177
Highly Risky but don't want to miss the initial move if it happens.
LTF is looking strong again after the recent move.
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Added more to longs invalidation is the area.
Trade closed manually
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Stopped out that should not be longed.
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Fully out of longs here. Will look again to enter.
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Update:
Long again on this one.
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Nicely UP on position but i am still expecting more..
Also right now FTM is showing volatility while BTC Dominance is at brink of breakdown. Something cooking??
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Important Update. Be careful on this one here. Act accordingly.
Now everyone talking about FTM I won't be surprised if this happens..
I am ready. Go
Trade closed manually
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Closed at 0.49 looking exhausted.(80%PNL with 4x leverage) Will look again if it gives any trigger.
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Happy to be sidelined here.
Will ape in again if gives me trigger.
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Looking very strong but not confident to get in yet. Looks like i am gonna miss the move if it moves.
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I'll trade it if it gives long entry around 0.4300-0.4400.
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Taking a short. Maybe work?
NFA
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☝️short went smooth targets reached.
Looking for buy entry.
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Longed it from 0.4690. Tight stoploss.
Looks like it want to go up from here.
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Closed the long looks like it's going to dip more.
Trade closed manually
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I am long. It's time??
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Showing some support here. Long with avg entry 0.4882 Hold here can trigger 90° move so taking risk here is not a bad idea.
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Ftm m5 update. Closing the position if this starts a move down from here.
Trade closed manually
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Closing it at breakeven not showing strength.
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Relonged.
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Fully loaded on longs stops moved to breakeven. For the uptrend to continue it must push higher from here. Looks like the area holds expecting a crazy pump if right on idea.
Trade closed manually
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Took some loss here. Doesn't look good btc looks like deviating.